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Mauritius: The Mauritian Avenport investment group signed an agreement with the Chinese group Ruixing for the production of fresh milk in China




Han Rui, Vice President, Ruixing Group Han Tianhua, General Manager, Investment Banking Dept, Ruixing Group Yu Qianming, Project Manager, Shanghai Challenge Co.
Han Rui, Vice President, Ruixing Group Han Tianhua, General Manager, Investment Banking Dept, Ruixing Group Yu Qianming, Project Manager, Shanghai Challenge Co.
The Mauritian Avenport investment group that manages the dairy farm in Salazie in the North of the island via the company Agreenculture Holdings, with a daily production of 3,500 liters of fresh pasteurized milk and rich in protein, essential vitamins and minerals, concluded on Friday a strategic agreement with the Chinese group Ruixing * for the production of fresh milk in China and the countries of East Africa.
 
This agreement covers the participation of the group Ruixing in the activities the milk house belonging to the Mauritian group Avenport well as the creation of a joint venture.
 
The new resulting structure will aim to develop dairy farms in East Africa on the model of the Salazie farm as well as technical assistance in the creation of the largest dairy farm in China with some 50,000 cows counted.
 
The Chinese group is expected to invest several million dollars in the project.
 
"My willingness to invest in the dairy industry in Mauritius responds to a logic of food security and the belief that the private sector must be motor in this fight. Milk is an essential component of our diet and it is our duty to guarantee and protect our source of supply for future generations. This agreement will allow Agreenculture to continue to grow and opens new perspectives to the Mauritian companies, because it shows that beyond the sugar cane, our expertise in agricultural matters is recognised", says Eric Series president of Avenport Investment.
 
* First Chinese private group in the production of fertilizers




Fabrice François


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